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...The investment by the Messina Group, founded in 2013 by former Obama campaign manager Jim Messina, values Mandelson’s firm Global Counsel at about £30mn, said people close to the transaction....
...It could be worth roughly €4bn in a deal, the Financial Times has previously reported, having been valued at half of that five years ago....
...Advertising start-up The Brandtech Group has been valued at $4bn after raising new funds that will be used to disrupt the traditional advertising industry using artificial intelligence to create marketing...
...Corporate wellness platform Gympass is rebranding as part of preparations for an initial public offering, after being valued at $2.4bn with backers including SoftBank and EQT....
...The three-year-old company was valued at $1bn in August 2022, following a $101mn funding round led by top US tech investors Coatue and Lightspeed Venture Partners....
...The firm, which trades tens of thousands of products, including currencies, exchange traded funds and options, reported profits of $5.9bn in 2023 and $6.7bn in 2022....
...A person close to the company said the funding round valued the challenger bank at £362mn, down from a previously reported £435mn at the start of last year....
...The French group has grown through acquisitions over the years, including the two-stage acquisition of British technology company Aveva, sealed in 2022 and which valued the UK company at £10.6bn....
...at Z$36,000 to the dollar....
...For Walker, a 41-year-old obstetrician-gynaecologist in Tucson, the cause is personal. “Women’s lives are literally at risk,” she said....
...In Cairo’s case oil-rich states are considered crucial to its attempts to ease the currency crisis and meet commitments to the IMF to sell off state assets....
...Veritas Capital is in talks to sell a 50 per cent stake in healthcare technology company Cotiviti to private equity giant KKR, in a deal that would value the business at up to $11bn, according to three people...
...that values the racing unit at around £1bn....
...I remember a colleague, who shall remain nameless, forecasting after Greece’s near-exit from the eurozone in 2015, that at least one country would leave the single currency within 10 years....
...The currency even rallied, or at least held its own, when the US Congress threatened to default on Treasuries during the debt-ceiling crises of 2021 and 2023....
...Brailsford is set to be a central player at United....
...He added: “The United States were informed the last minute but there was no involvement on the part of the United States, it was simply information that was provided....
...Arguing for the latter, he added: “We need policies aimed at encouraging industry, tourism and exports and we need to reduce the role of state-owned enterprises.”...
...“Our payables denominated in foreign currencies have increased significantly in recent years, primarily as a result of our inability to source foreign currency to repay our suppliers and other providers...
...Hand-painted, with bronze leaf patterns showing through, the gravity-defying arabesque, spotlit by a round skylight in the Serpentine South gallery in London, is the exuberant opening work of Suspended States...
...German sandal maker Birkenstock priced its shares at $46 in an initial public offering ahead of its first day of trading on Wednesday, giving the company a market valuation of $8.6bn....
...The tech-related companies Arm, Instacart and Klaviyo all priced their IPO deals at the top of or above their target ranges, though trading in the stocks has been mixed in the weeks since....
...In currency markets, the strong retail sales figures boosted the US dollar index, which tracks the world’s dominant currency against six international peers....
...According to documents seen by the FT, one money laundering syndicate in Shan State, Myanmar that also operates in Cambodia has even hung a sign on a busy street advertising Tether and promising to exchange...
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